Global Mechanical Thrombectomy Devices Market 2017-2021

Global Mechanical Thrombectomy Devices Market 2017-2021

About Mechanical Thrombectomy Devices

MIS procedures are rapidly becoming one of the leading approaches to treating various cardiovascular ailments, especially blood clots. The majority of the MIS are being performed using atherectomy and thrombectomy devices to increase the success rate of surgeries and to reduce the procedure and recovery time. Atherectomy devices are primarily used to clear blood vessels that have been occluded by fat accumulation (atherosclerosis plaque). Thrombectomy devices are used to extract, excise, or disrupt blood clots. They use a variety of methods to remove emboli in any part of the body safely.

Technavio’s analysts forecast the global Mechanical Thrombectomy Devices market to grow at a CAGR of 6.41% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global mechanical thrombectomy devices market for 2017-2021. To calculate the market size, the report considers the sales, volume, and value of global mechanical thrombectomy devices market.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Mechanical Thrombectomy Devices Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Boston Scientific
  • Medtronic
  • Teleflex
Other prominent vendors
  • Abbott
  • Acandis
  • AngioDynamics
  • Argon Medical Devices
  • Edwards Lifesciences
  • Minnetronix
  • NexGen Medical Systems
  • Penumbra
  • Stryker
  • VASCULAR SOLUTIONS
Market driver
  • Abdominal aortic aneurysm (AAA)
  • For a full, detailed list, view our report
Market challenge
  • Lack of product differentiation
  • For a full, detailed list, view our report
Market trend
  • Increasing demand for MIS
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Mechanical Thrombectomy Devices Market 2017-2021

Technavio recognizes the following companies as the key players in the global mechanical thrombectomy devices market: Boston Scientific, Medtronic, and Teleflex.

Other Prominent Vendors in the market are: Abbott, Acandis, AngioDynamics, Argon Medical Devices, Edwards Lifesciences, Minnetronix, NexGen Medical Systems, Penumbra, Stryker, and VASCULAR SOLUTIONS.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is increasing demand for MIS. With the advent of MIS, the patient pool is opting for them. They have proven to be better in terms of pain management and recovery time in comparison with conventional surgery. MIS can be performed for medical conditions such as stroke, DVT, and PE. The market potential for MI devices and surgeries is very high, despite the cost pressure. The scope for product innovation is higher in the MIS device market. The adoption of MIS devices is slower, yet is expected to take over the market with the increased awareness among patients.”

According to the report, one of the major drivers for this market is abdominal aortic aneurysm (AAA). One of the cardiovascular diseases is AAA, which is a heart condition that is caused by the swelling of aorta due to the weakening of the aortic wall. If left untreated, approximately one-third of the aortic wall will rupture, resulting in death in 75%-90% of the overall patient pool. Approximately 2 million people in the US suffer from aortic aneurysms, out of which only 20% cases are treated. According to the CDC, in 2015, AAA had caused 9,863 deaths in 2014.

Further, the report states that one of the major factors hindering the growth of this market is lack of product differentiation. Vendors are currently finding it difficult to remain competitive in the market because of the lack of product differentiation. Since the features and functionalities of various products are similar in nature, most of the healthcare centers and surgeons tend to opt for products based on familiarity with a specific brand name. Hence, it is critical for manufacturers to develop a technologically-advanced product line to achieve product differentiation.



Companies Mentioned

Boston Scientific, Medtronic, Teleflex, Abbott, Acandis, AngioDynamics, Argon Medical Devices, Edwards Lifesciences, Minnetronix, NexGen Medical Systems, Penumbra, Stryker, and VASCULAR SOLUTIONS.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Market attractiveness: Thrombectomy procedural dynamics analysis
      • Table Disease indication in the global mechanical thrombectomy devices market
  • Market landscape
    • Market overview
      • Table Global mechanical thrombectomy devices market 2016-2021: Overview
    • Market size and forecast
      • Table Global mechanical thrombectomy devices market 2016-2021 ($ millions)
      • Table Factors impacting global mechanical thrombectomy devices market 2016 and 2021
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by end-user
    • Table Global mechanical thrombectomy devices market by end-users 2016: Overview
    • Hospitals
    • ASCs
      • Table Mechanical thrombectomy devices market: ASCs in Americas
      • Table Mechanical thrombectomy devices market: ASCs in EMEA
      • Table Mechanical thrombectomy devices market: ASCs in APAC
      • Table Impact assessment: Global mechanical thrombectomy devices market 2016
  • Geographical segmentation
    • Table Global mechanical thrombectomy devices market by geography 2016
    • Table Factors impacting global mechanical thrombectomy devices market 2016
    • Mechanical thrombectomy devices market in Americas
      • Table Mechanical thrombectomy devices market in Americas: Overview
      • Table Mechanical thrombectomy devices market in Americas 2016-2021 ($ millions)
      • Table Market attractiveness of mechanical thrombectomy devices in Americas
      • Table Americas: Market metrics in various countries
      • Table Key takeaway: Mechanical thrombectomy devices market in US
    • Mechanical thrombectomy devices market in EMEA
      • Table Mechanical thrombectomy devices market in EMEA: Overview
      • Table Mechanical thrombectomy devices market in EMEA 2016-2021 ($ millions)
      • Table Market attractiveness of mechanical thrombectomy devices in EMEA
      • Table EMEA: Market metrics in various countries
      • Table Key takeaway: Mechanical thrombectomy devices market in UK
    • Mechanical thrombectomy devices market in APAC
      • Table Mechanical thrombectomy devices market in APAC: Overview
      • Table Mechanical thrombectomy devices market in APAC 2016-2021 ($ millions)
      • Table Market attractiveness of mechanical thrombectomy devices in APAC
      • Table APAC: Market metrics in various countries
      • Table Key takeaway: Mechanical thrombectomy devices market in India
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Key products and their types
      • Table Product recalls
      • Table Adverse effects of thrombectomy devices
      • Table Stent retriever trial studies with success rate
  • Market trends
    • Increasing demand for MIS
      • Table Market dynamics for MI procedures in mechanical thrombectomy devices market
      • Table Market enablers and risks associated with the procedures
    • Strategic acquisition of business segments
      • Table Strategic acquisitions of thrombectomy devices
  • Vendor landscape
    • Competitive scenario
      • Table Competitive structure analysis of global mechanical thrombectomy devices market 2016
      • Table Competitive landscape analysis of global mechanical thrombectomy devices market
      • Table Strategic success factors of companies in global mechanical thrombectomy devices market
  • Key vendor analysis
    • Boston Scientific
      • Table Boston Scientific: Key highlights
      • Table Boston Scientific: Strength analysis
      • Table Boston Scientific: Strategy assessment
      • Table Boston Scientific: Opportunity assessment
    • Medtronic
      • Table Medtronic: Key highlights
      • Table Medtronic: Strength analysis
      • Table Medtronic: Strategy assessment
      • Table Medtronic: Opportunity assessment
    • Teleflex
      • Table Teleflex: Key highlights
      • Table Teleflex: Strength analysis
      • Table Teleflex: Strategy assessment
      • Table Teleflex: Opportunity assessment
    • Other prominent vendors
      • Table Other prominent vendors: Global mechanical thrombectomy devices market
  • Appendix
    • List of abbreviations
  • Explore Technavio

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